Noncontrolling Interests |
3 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Noncontrolling Interests [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Noncontrolling Interests |
13. Noncontrolling Interests
Noncontrolling interests in the Company’s consolidated subsidiaries consisted of the following (in thousands):
(1)The Company owns approximately 93% of Bluegreen as of March 31, 2021. (2)Bluegreen owns 51% of Bluegreen/Big Cedar Vacations.
During the three months ended March 31, 2021, Bluegreen did not repurchase or retire any shares of its common stock. During the three months ended March 31, 2020, Bluegreen repurchased 1,878,400 shares of its common stock for $11.7 million, in a private transaction and retired those shares.
Income attributable to noncontrolling interests from continuing operations consisted of the following (in thousands):
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- Definition The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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